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In Contract

1165 East 54th Street, #3M

$175,000 | Studio, 1 bath
Building Profile  | 
198 days on Market

Key Details

  • Listed: May 8, 2024
    Last Price Change: ($10,000) on May 13
    Days on Market: 198
    Building Type: Cooperative
    Neighborhood: Flatlands (Brooklyn)
Monthly Maintenance: $558
Est. Monthly Mortgage: $929
Total Est. Monthly Carrying Cost: $1,487
Note: the above is based on a down payment of 20% ($35,000), which is the minimum amount permitted by the building.

Description

Jump on the opportunity to purchase in this well-maintained pre-war Kings Village building. This co-op offers a on-site security and porters on staff to keep the commons spaces clean. The building also features an elevator with on-site laundry facilities on the first floor.

And although there is a waitlist, parking is available.

Unit 3M is a cozy and bright studio that was recently completely gut-renovated. The living area is sunny, spacious and can accommodate a living, sleeping, and dining area.

Both the bathroom and kitchen were recently updated in the past year as well. And the galley kitchen has a bright window plus brand-new stainless-steel appliances, granite countertops, and lots of cabinet space. There is also great storage & closet space throughout.

PLEASE NOTE THE FOLLOWING:
- A 10% Down Payment option is available for buyers - therefore financing is allowed for up to 90% of the purchase price.
- The minimum yearly income of the purchaser(s) must be 7x the annual maintenance payment (which for this apartment will be $47K per year in annual income)
- A minimum credit score of 675 will be considered
- Subletting is only considered after two years of ownership/residency.
- BOARD APPROVAL IS REQUIRED.

And the full board package must be presented to the listing agent prior to management review.
- NO PETS ARE ALLOWED

Maintenance is $558.15 and includes heat, water, and property taxes.

Conveniently located next to the B46 Bus route, commuting is a breeze with easy access to the 2/5 trains at Flatbush Brooklyn College and Newkirk Avenue stops.

Centrally located with 3 grocery stores located within a few block radius - come see this building is well taken care of Brooklyn building.

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Listing courtesy of Brown Harris Stevens Brooklyn LLC

Pricing History

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About 1165 East 54th Street

Building Amenities

  • Elevator

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